Polkadot’s official account just announced: the native stablecoin dotUSD is live. There’s no issuing company; in the first phase, it will be redeemable 1:1 for USDT, with DOT collateral to be added later. The OpenGov referendum passed with over 98% approval.
The market was up a couple of percentage points over $DOT 24 hours, with trading volume topping 100 million. What do you think of this move toward decentralized stablecoins—does it have what it takes? Let’s discuss in the comments.
The market was up a couple of percentage points over $DOT 24 hours, with trading volume topping 100 million. What do you think of this move toward decentralized stablecoins—does it have what it takes? Let’s discuss in the comments.